Top 22 Indebted Companies in the World 2024
4. Verizon Communications Inc.
Total debt of the company in the latest financial year (in millions): $177,930
Verizon Communications Inc. (NYSE:VZ) is a telecommunications conglomerate and one of the direct descendants of Bell System. Verizon Communications Inc. (NYSE:VZ) is considered to be the largest wireless carrier in the United States and currently had 120.9 million subscribers towards the end of Q4 2024.
3. Volkswagen Group
Total debt of the company in the latest financial year (in millions): $192,539
Volkswagen sold around 11 million vehicles in 2024 and some of its biggest brands include Audi, Porsche, Bentley, SEAT, Skoda and Lamborghini.
2. Toyota Motor Corporation
Total debt of the company in the latest financial year (in millions): $193,423
Toyota Motor Corporation (NYSE:TM) is the biggest company in Japan and one of the biggest automakers in the world. Toyota Motor Corporation (NYSE:TM) produces around 10 millions cars every year and reported around $245 billion in revenue in 2024. Some of the biggest brands of Toyota Motor Corporation (NYSE:TM) include Toyota, Daihatsu and Lexus.
1. AT&T Inc.
Total debt of the company in the latest financial year (in millions): $199,956
Topping the list of the 22 most indebted companies in the world in 2024 with nearly $200 billion in total debt is AT&T Inc. (NYSE:T).